Which one (1) of the following statements best describes "The Facility Association"? It is an industry plan designed to guarantee availability of automobile coverage in the open market. It is an insurance plan designed to guarantee availability of automobile insurance for all personal automobile risks, but not commercial automobile risks. It is run by the provincial government. It is run by the Insurance Bureau of Canada.

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Which one (1) of the following statements best describes "The
Facility Association"?
It is an industry plan designed to guarantee availability of automobile coverage in
the open market.
It is an insurance plan designed to guarantee availability of automobile insurance
for all personal automobile risks, but not commercial automobile risks.
It is run by the provincial government.
It is run by the Insurance Bureau of Canada.
Transcribed Image Text:Which one (1) of the following statements best describes "The Facility Association"? It is an industry plan designed to guarantee availability of automobile coverage in the open market. It is an insurance plan designed to guarantee availability of automobile insurance for all personal automobile risks, but not commercial automobile risks. It is run by the provincial government. It is run by the Insurance Bureau of Canada.
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